Starting on the 1st of January, companies with annual sales under SEK30000 have the option to choose whether or not to make use of the option. The exemption is expected to be of high interest for non-profit organisations and trusts that have do not incur many VAT liable activities.
VAT exemption for companies with low sales
Sweden stands at the forefront of the construction industry, boasting a robust sector that plays a pivotal role in the nation’s economy. In order to…